Steve Sawyer on wind development in Latin America, Inter-American Dialogue‚Äôs Latin America Advisor:
‚ÄúIf methane and carbon dioxide emissions were priced in any meaningful way rather than heavily subsidized, then ‘non-conventional’ oil and gas would be far from cheap and renewables could easily compete in more markets. Even in that heavily subsidized nvironment, however, the position of renewables in Latin America and the Caribbean is improving. Wind power has consistently competed successfully with all other forms of generation in recent auctions in Brazil, and is also thriving in Mexico despite the lack of any regulatory framework or support system. Of course, many parts of the region are also heavily reliant upon hydro for a large portion of their electricity as they have been for many decades.
Still, there is much to do in the region. Wind power needs to spread, and photovoltaics need to assume a larger role, as they are becoming increasingly competitive globally. But there is no reason to believe that the region could not decarbonize the electricity sector with elimination of subsidies and a price on carbon. In the process, the region would create new industries, new jobs and increase its energy security and self-sufficiency.‚Äù
Read full article at www.gwec.net/wp-content/uploads/2013/02/GWEC_press_article_18-02-2013.pdf